Metal & Recycling News

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ICSG forecasts copper supply pressures but cautious on demand

The International Copper Study Group (ICSG) has cut its forecast supply surplus for this year due to much lower-than-expected mine production

US, Philippines eye agreement to cut China nickel dominance

The US and the Philippines are in discussions over ways to prevent China from dominating nickel processing in the Southeast Asian nation, a key supplier of the metal that’s crucial for electric vehicle batteries.

AISI Posted Decline in U.S. Raw Steel Output

The production was 1.745 million NT during the week ended April 6, 2024, with a capability utilization rate of 78.6%.

ICSG Declared Copper Market Forecast for 2024 and 2025

The world refined copper production is expected to rise by around 2.8% in 2024 and by 2.2% in 2025.

29th April, 2024: Chinese Scrap Metal Prices Dipped on Index

304 SS Solid and 304 SS Turning prices too recorded no change on Index.

Negotiators Discuss Text of Global Treaty to End Plastic Pollution

The private sector too has an important role, he added.

29th April, 2024: Scrap Gold, Silver and Platinum Prices Soared on Index

In the Hallmarked category, the 14 carat gold scrap prices were up by $ 13.85 per Oz.

ILZSG Published Lead Metal Outlook for 2024

The global supply of refined lead metal is expected to exceed demand by 40,000 tonnes in 2024, ILZSG noted.

Weyerhaeuser Company Announced Solid Q1 2024 Results

The company anticipates the Q2 earnings and adjusted EBITDA from the segment to be slightly higher than the first quarter.

Canadian Gold Cuts High Grades at Former Tartan mine, Manitoba

The Tartan Lake gold mine was active from 1986 to 1989 when it was owned by Granges.

Missoula Legislators Ask State to Help with Lumber Mill Closings

France said he doesn’t have all the answers, but those issues can’t be addressed unless the mill is secure.

United States Scrap Metal Prices

Lead-Solid Lead	0.70$US/Lb
Lead Wheel Weights	0.24$US/Lb
Scrap Auto Batteries	0.22$US/Lb
Aluminum Radiators	0.36$US/Lb
MLC Clips	0.74$US/Lb
6061 Extrusions	0.64$US/Lb
UBC	0.72$US/Lb
356 Aluminum Wheels (Clean)	0.73$US/Lb